RADIOMay 03, 2022

Housing, debt & shortages: YOUR economic questions answered

Is now a smart time to buy a house? Is paying off all your debt — and losing out on tax advantages — the right move? Will food shortages REALLY hit the U.S. as hard as the rest of the world? And how prepared are Americans for a potential, coming recession? Financial expert Carol Roth, author of ‘The War On Small Business,’ gives her advice for all YOUR questions about economic instability…

Transcript

Below is a rush transcript that may contain errors

GLENN: I'm concerned that small business can't continue in a country where we are teaching our kids to be risk-averse.

CAROL: It's certainly very difficult, or you get the type of entrepreneurs, who are delusional. Who think it's easy. We all know who David Hogg is, I believe. And he was complaining on Twitter the other day, how difficult it was. He tried to set up an LLC. And so difficult. Right as the government makes it so hard.

GLENN: All right. Really, welcome to the party, David.

CAROL: I know. So in a sense, it's almost a good thing. It's almost like we should have a training program, for anybody who is leaning towards socialism. Is required to start a small business. Just so they can see how difficult it is.

GLENN: Yeah.

CAROL: But, certainly, an aversion to risk. You know, more consolidation of power, that takes away the opportunity to innovate. And all the barriers, that the government has put up, to make it more difficult, to not only start a small business. But to hire your first employee. And to allow a small business owner to succeed.

You know, it's not a good thing for economic freedom, which is one of the reasons why people come here from all over the world, to try to start that business. And live the American dream.

GLENN: So when the fed is raising the interest rates, to try to control inflation, the reason why this led to an economic boom in the '80s, is because at the same time, the government said, forget all this regulation. Just go out and start a business. Right?

Without that part of the Reagan plan, raising interest rates, while piling new regulation on. That's really a killer, isn't it?

CAROL: Yeah. If you think about the fed's options here, and what they're trying to do, in terms of slowing down the economy. Giving the backdrop we have, of this messed up labor market, and supply chain. I mean, the only way you're really getting a slower economy, in my opinion, is if small businesses and to some extent, big businesses. You know, just stop hiring altogether. And I think the small businesses, since they've had a hard time hiring, can't survive. Or other things that may get very difficult for a small business to survive.

So the well-capitalized big businesses are going to be able to withstand this rollercoaster, which benefited them on the front end. And they will coast through. You know, come out the other end, okay. And the small businesses that have been beaten up, have been closed. Didn't get the relief funds. And haven't been able to take advantage of that free debt. Because they're smaller in scale. Are really the ones that are going to suffer from all of this. Once again, Glenn. Once again.

GLENN: Yeah. So if I read this one more time, I keep reading, that the economy is -- people are spending money, like there's no tomorrow.

Because the average American just has so much money in their bank account.

I -- I know that's not true. Common sense will tell you, that's not true.

Can you please put this to bed?

CAROL: So the average, and we've talked about before, average is not necessarily the median. It's often dragged up by the wealthy, at the top end.

But the average American is in better shape, going into this potential recession or stagflation. Or whatever it is, that we're about to face, and kind of in the middle of.

Than they have been in other recessions. The personal saving rates, is around, I think 6.2. 6.3 percent. As of the end of March, which was the last number that came out.

Now, that is worse than where we were, in 2019 and 2020, going in, you know, to the pandemic decisions.

But it's not through horrible, on a historic level.

We had people pay down a lot of their credit card debt. You know, with the relief funds. And what not, that they were staying home in the pandemic. Now, that started to creep back up again.

So today, they are in better shape. But the trajectory, particularly with the inflation as we know, is eating away at that.

So I would imagine that the personal saving rate will continue to decline. We will continue to see balances increase on their credit cards, and at some points, the consumer won't have that strength, in their balance sheet, and probably will also be making decisions to just punt certain expenditures, because their poor expenditures of living every single day, have gone through the roof.

GLENN: So we have some questions come in from the audience, and I want to go over a couple of them. Steve and Mary wrote in. You find write in, by the way, GlennBeck.com/question.

I keep hearing about food shortages. Some say that famine is come. My wife and I keep arguing, back and forth. She says, this is really the rest of the world. And not us.

Yes. Food will be more expensive because of inflation, but we won't have shortages. Which one of us is right?

GLENN: Probably splitting that down the middle. Certainly there is again or some crisis across the globe. We've heard that clip that you played from the fantastic Samantha Power, who doesn't seem to care. That potentially 40 to 65 percent of the world could be food and secure, or face starvation. Because we don't have enough fertilizer.

Certainly, we are in a better position, in the United States. But it depends on things going the right way.

I mean, we've seen that we've had a bout of avian flu, that we had to contend with. You know, it depends on crop yields. It depends on our government, not just doing stupid things, and we're seeing them pulling -- you know, feed out of -- you know, of the farm, in order to put it into gasoline, so that they don't have to drill for more oil.

I mean, they don't make the best decisions.

So I wouldn't say, that there isn't a possibility, that we're going to have issues here. Because I think there is that possibility. It just probably isn't as stark, as it is, in the rest of the world.

That being said, nobody has ever been upset for being too prepared. So be prepared for that. Worst-case scenario.

GLENN: Ron in New York wrote.

I think my job is secure.

But so did my grandfather. Or my great grandfather during the Great Depression. How do we know what's coming?

What's the difference? And how do we prepare?

Is it smart for me to buy a house at this point?

CAROL: So, again, this is not financial advice. Just some food for thought for you. It really depends on your personal, financial situation.

You know, if you were somebody who is still sort of living paycheck to paycheck, or building up your reserves. We don't know, what is coming down the pike.

You know, there are a lot of issues. The big thing right now, geopolitically is, you know, are these stupid statements from the Biden administration going to pull us into some sort of a nuclear war. At that point, you know, all bets are off.

If we're just looking at sort of the inflation picture, and the recession, I think the one benefit that we do have is that we have so few people in the labor market. Now, granted, it may get many people off the sidelines, if they see their 401(k)s shrinking, and have to deal with more inflation. But if you have a job, that you're secure in. You are probably in a better position, but it's always good, to kind of think through, what are your second and third options. What could you do, if that worst-case scenario comes about?

And, again, look at the sort of risk/reward, on the home front situation. We're underbuilt, as a nation, in terms of homes. And that is long-term probably going to support housing prices. But it doesn't mean that there won't be some variability in the meantime, especially with the increase, in mortgage rates.

So I would just spend a lot of time, doing the little pros and cons and putting that plan together. For your plan B and plan C. And wish you a ton of success.

GLENN: I remember my parents, again, the small business.

In the '70s. It was a nightmare. Because it was a lot like this. What are you -- what do you think is coming?

Is it like the 1970s? And it just stays like this? I mean, nobody knows, you know what I mean?

Americans have no benchmark.

CAROL: Certainty?

GLENN: Yeah. Yeah. But no benchmark to go back and go, it will be like this. We've never seen this.

CAROL: No. There are just a number of factors, that are all coming together. And as I said, I think that geopolitical wild card is the -- is the biggest wild card right now. Assuming that we can get that peace under control. Because as I said, if that goes off the rails, all bets are off here. I think the likelihood is that we see a recession, but because of the way, the recession has come out. And some of the opener weird things that are happening in the economy. I think at least, in the United States.

It's probably a shallower recession. Than we have seen, you know, in previous periods.

Not to say, that that won't cause real pain for people. It will. There will be people, probably who lose their jobs. Small businesses will end up closing.

But I don't think -- I think that it will be shorter in duration, you know, than it otherwise would have been if we didn't have some of these other structural issues going on at the same time.

Fingers crossed. But, you know, there are a number of factors here, the fed between raising rates, and shrinking their balance sheets. The geopolitical issues. And some of the issues that we're contending with. That's just sort of a best guess right now. But we have to stay on top of this realtime. Because things could change quickly.

Canada FORCED this hospice center to EUTHANIZE its patients?!

Canada is forcing its Medical Assistance in Dying program, which offers euthanasia as a “medical treatment” option, on hospice centers. Delta Hospice Society executive director Angelina Ireland joins Glenn Beck to give the horrific details of how far the government went to try and get her to bend the knee: “I call it a culling. It’s a Canadian cull.”

Transcript

Below is a rush transcript that may contain errors

GLENN: Let me take you to Canada for just a second.

And I want to -- this is a story that happened a while ago. But I want to just show you the dangers of public/private partnerships.

You're hearing this all the time. And every time, Joe Biden would say, public will she private partnership. It was all the Green New Deal and everything else.

I kept saying, that is fascism. That is exactly the deal that Mussolini and Hitler made. That's the difference between Communism and fascism.

They let you do your own thing. But you're a partner with the government. And as long as you abide by all of their rules, you're fine!

But the minute you disagree, you don't have a say. They'll throw you out on the street, so fast, your head will spin.

And that's exactly what happened to a hospice center. The Delta Hospice Society.

I have the -- the executive director on. Angelina Ireland.

And I asked her to come on today, to tell us the story of what happened, to her hospice facility.

Angelina, thank you for joining me.

ANGELINA: Hello, again. Thank you so much for having me today.

GLENN: You bet. You bet.

So you -- the hospice society is a public/private partnership with Canada.

You guys raised $8.5 million to build this property. And you negotiated a 25 or 35 million-dollar lease for the property. Right?

Tell me about this.

ANGELINA: Right. So we're a private society. So a 34-year organization.

Palliative care is basically, you take care of people, when they're chronically ill or terminally ill. You take care of them well.

So we fundraised over a couple -- a few years ago, $8 million to open a hospice and a palliative care support center next door. And so we raised that money.

We got a 35-year land lease with the public health authority. We built two buildings. A ten-bed hospice, a 7500 square foot supportive care center, where we did our counseling, all the supportive programs.

And then the service agreement was for operating costs. So every year, they give us $1.4 million, and we built those buildings. We opened them, and we operated our program, at the hospice for ten years.

Everything went fine, until this thing they called, the state euthanasia program called MAID. Right?

GLENN: Maid.

ANGELINA: And then the province basically came to us and said, you will have to start providing euthanasia. You will have to start killing your patients in the hospice. Because you're getting -- you're getting public money, right?

We said, absolutely not. We absolutely will not.

At which point, you're exactly right.

The fascism kicked in. I just call it stone cold communism.

And said, you're not getting any money, if you don't start killing your patients.

So then they cancelled that service agreement.

Which means, that's fine.

Look, we don't need your money. We'll be fine without your money.

Which apparently is the wrong answer.
(laughter)

GLENN: Yeah.

ANGELINA: Then they went after the lease. And we had 25 years left on that land lease, and they cancelled it.

And now, these incidentals like the buildings on them, they just consider those to be some kind of an old shack or fence, and they expropriated. So at the end of the day, they evicted, the organization from our buildings. They expropriated those assets, which were valued at eight and a half million dollars. Kicked us out, and took -- took our stuff.

And then they -- they started to operate our hospice, and they put in the euthanasia.

GLENN: Unbelievable.

They give no money for the buildings. I mean, it was their land, right? That's kind of the public/private partnership. You're taking money from them to run it, but you said to them, we don't need it.

But also, that was -- was that not federal land, that you were on? Or some sort of medical kind of preparedness of Canada.

JASON: It was. Well, it was.

Which is considered to be -- well, it was belonged to the health authority, but it was a registered lease. The titled office with 25 years left.

GLENN: Right. Right.

ANGELINA: So we had a right to be there. And of course to continue on for another 25 years.

But, of course, no, they didn't allow it.

GLENN: So when you went to the court. What did the court say?

ANGELINA: Well, you see, we didn't that get far. Because we went to three very, very prominent lawyers. And they told us straight-up.

You're not going to win.

You understand this, people?

You might walk in with one lawyer. They're going to walk in with 15 lawyers, all funded by the taxpayer.

GLENN: The government. Yeah.

ANGELINA: And you may win the first round. But you will not win -- they will tie it up. And it's called lawfare. They advised us again and again and again, to just move on. Take our punches. Take the licking from the government, and move on.

The important thing for us, was to hold on to our organization.

Because then the euthanasia after this, came for us. To try to take everything.

And we still have assets. But we did lose our bricks and mortar in the moment.

GLENN: That is crazy.

You know, I have described what's happening all around the world. With the -- with the extreme left.

With Islamists.

Not Muslims.

Islamists.

What is happening with the Communists and the fascists, is a death cult. It all seems to revolve around death. They take glee in death.

And Canada is shockingly, in many ways, leading the way on this with MAID.

You don't even know how many people are killed now with MAID a year, do you?

ANGELINA: No. We don't. We do not. I call it a culling. It's a Canadian cull. They're killing the sick people, the mentally ill, the disabled. Veterans. Homeless. The poor.

And then they're going after the children. But we do not know the numbers, exactly. I mean, the government is admitting to 60,000. There's absolutely no way it's 60,000.

I think they forgot a zero.

It's widespread. It's now considered a health care option.

When the doctor comes to a sick and vulnerable patient and saying, how would you just like to die? It's gotten completely out of hand.

It's truly a national horror for Canadians. For certainly people of faith in my country.

Pro-life for my country.

That we have no control over this.

We have no access to authentic true numbers, information.

And this whole consortium, that I call empire MAID has taken over the health care system.

GLENN: What is the -- what's the goal of this?

Do you think?

What's really behind it?

ANGELINA: Certainly. You know, so they want to talk about -- they -- they have captured the moral high ground on this, right?

If you want to be compassionate. You will have to start to kill people.

That's the only way to be compassionate. That's the only way to provide human rights.

So that very potent message, they've been able to roll it to a narrative, which is incredibly horrid.

The word is like -- it aches me. It's overwhelming.

GLENN: Yeah. Right.

ANGELINA: But why? Our public health care system, which is what happens when any government goes completely public. We have no private available.

It is illegal. It's bankrupt. We have --

GLENN: Hold on just a second. I want Americans to hear this.

Private health care, being a doctor and providing private health care is illegal in Canada.

ANGELINA: Yes, it is. The only thing you can do is to have cosmetic things done privately. That's it. You want a boob job, a nose job. You can go ahead, get a doctor and pay for that.

Everything else, it must be administered through the state, period. It has to go up to the Supreme Court of Canada. So this is undisputable.

Private health care is illegal.

GLENN: You know, I look at -- we're -- you have several states that are now trying to pass much of this.

And they are in the laws, that are being passed.

It is -- it is -- it's a requirement not to put assisted suicide down on the death.

So you have cancer.

But you didn't die of cancer.

You had cancer.

You have depression. And the doctors said, well, you can kill yourself over that.

It does not say, assisted suicide.

It is going to be illegal to put that on the death certificates.

It just has to say, depression.

Cancer.

Whatever it is.

That they helped you kill yourself over, that's -- that's what the cause of death is.

So you'll never, ever be able to count it!

You'll never be able to track it!

It is just evil, evil what's happening.

ANGELINA: It's true.

And how many people will be killed by the state? That is going to be the question. You will never know, that you are giving far too much power to the state.

Unaccountable.

Unquestionable.

GLENN: Are you -- are you shocked at the -- because I am here in America.

I mean, we just -- New York just voted for an Islamist who is saying, you know, he is for Hamas.

He is also a communist.

And they just elected him, or, you know, chose him as the Democratic candidate.

And nobody really seems to care!

When it comes to death all over, when you're seeing these things happen, I am shocked by my own citizens! Do you feel that way in Canada?

ANGELINA: Well, I personally am not shocked.

Because I know that the only thing that the socialists and the Communists ever do well, was kill people.

This should not come as a shock to anyone.

The -- the short sightedness unfortunately of a people. Is that they tend to get rewarded in the short term.

They give them stuff, money. Benefits.

It's only crops.

Ultimately, it will -- at the literal demise to allow, this kind of philosophy, political ideology.

To come into your country. Somewhere are you hopeful for the future, Angelina?

ANGELINA: You know, I love my country. To be honest with you, I am not. I am not.

We have seen in my country, an overwhelming immigration. That has come in. Talking about millions of people in a very short time.

That has literally destroyed our infrastructure, brought the health care system, to its knees.

A lot of people in my country, don't even have a family doctor.

They can't find a family doctor. They have to wait for months, upon years for the simplest of procedures.

And it isn't getting any better. So, you know, I pray because, of course, I am a person of faith. And I'm an apologetic Christian.

This is, again, very unpopular in my country.

But, you know, only God will be able to help us.

At this point.

GLENN: Thank you for ending it that way. Angelina, I appreciate it. Thank you for standing up and being vocal, and letting people of the world know that light still does exist, even though the darkness is growing.

Darker, faster. Thank you, Angelina. Appreciate it.

From Canada.

Did the Swamp RUIN the Big Beautiful Bill?

The Senate just sent the “Big Beautiful Bill” back to the House. But Rep. Chip Roy joins Glenn Beck with a warning: This isn’t the same bill President Trump proposed! The Swamp has made sure to cut back on its reforms. But are Trump’s tax cuts too important to fail?

Transcript

Below is a rush transcript that may contain errors

GLENN: Chip Roy is with us from the great state of Texas.

Chip is a congressman, and welcome to the program. How are you, Chip?

CHIP: Well, Glenn, I'm -- you know, I'm continuing to work through, and trying to deliver the American people. But it's getting hard.

I'm with you. I'm tired of this bill right now.

GLENN: Yeah, you're living the dream, brother.

You are just living -- who doesn't want your job?

My gosh, what's -- what -- a glorious. Glorious, fun-filled life you must live.

CHIP: Yeah, there's -- there's been -- no, no, no.

GLENN: So tell me.

Tell me, is this thing gotten better or worse?

CHIP: Unfortunately, Glenn. I believe it's gotten worse.

Now, we've not seen the final product of the Senate. We don't have the tax. We've got to review it.

I try to be level-headed during these things. I had enormously strong and good friends in the administration, who in good faith, want to see this pass. Just as you do. Just as I do, just as the American people do.

They want to see a move forward in legislation to make tax cuts permanent. To deliver on the border funding that we need. You know, Steven Miller is a long-time friend. I've known him 25 years.

Russ Voit is a long-time friend. I've known him for 25 years. We've been working together in the trenches for as long as I can remember. We all want to deliver.

The problem is, the swamp is going to swamp.

And right now, we have a bill, that in my estimation, violates the house framework.

But more importantly, would add significantly to the deficits. Now, we have differing views.

GLENN: More. More than it did. More than it did, right?

CHIP: Quite a bit, in my view.

And look, there is going to be a debate about this. About tax cuts. And revenues. And all the stuff.

And I get it. Baseline. CBO. All these different things. I'm just telling you, Glenn, as objectively as I can, I look at the math, and I look at how you factor in economic growth, which I'm doing. Factor in revenues. And expenditures.

And what we're doing, on mandatory spending.

Which is not enough.

The fact that we're only repealing half of the green new scam, if we're lucky.

The fact that we're continuing to allow Medicaid. To go to illegals. Because of some arcane center rules.

The fact that we're continuing to allow Obamacare subsidies to fund transgender surgeries.

The fact that we're going to -- in my estimation, have probably a couple of trillion of deficit spending in the first four years.

Which means, you will have more interest.

Which means, it's going to stack up, all to get savings, in five years.

That's not what you and I signed up for.

Now, I'm looking at this, trying to say, okay.

The president wants tax cuts. So does I.

The president wants borders, so do I.

I think the president wants us to repeal the entire Green New scam. I think the president wants us to get good reforms. Be careful.

Like handle Medicaid appropriately, and all of that, for our American citizens that depend on it.

But we haven't delivered. Because the Senate has a bunch of people in it, who don't want to deliver, and they are hiding behind the parliamentarian, and they're delivering the product that I didn't come to Washington, to sign up for, Glenn.

GLENN: All right. So let me ask you this. They're hiding behind the parliamentarian.

Is that -- I mean, they -- they say, there was a change in the bill, because of the Medicare paid to the illegals. And the parliamentarian said you have to keep it in there. Some arcane rule or whatever.

Couldn't the Senate Republicans just ignore that?

Is it fair -- what?

CHIP: They could overrule the parliamentarian. They could make a change, if they wanted to do so.

GLENN: Right.

CHIP: Now, some of these things take 60 votes. If they want to address this, they can address it.

But the real issue here is that behind the closed doors, what you know, is that there are senators, who don't want to make the reforms.

Don't want to make the changes. They're making their own policy choices. Based on what they want.

Right? You've got Lisa Murkowski right now. Instead of wanting to reform Medicaid, she wants to get a special carve-out for additional spending, for people in Alaska.

You've got, you know, Tillis. You've got others. They want us to go the wrong direction, when it comes to Medicaid reform.

And, Glenn. I've got to be honest. How many times have you and I been on the phone over the last decade, talking about shutdowns by discretionary spending. Like every two years.

GLENN: Oh, I know.

CHIP: Countless times. Every time we have one of those fights. The people of this town say, Chip, you need to shut up because the real problem is mandatory spending. Medicare, Social Security, and Medicaid.

It's not fighting over all this stuff. You're wasting all our time.

I didn't think it was a waste of our time.

I didn't think we should be funding weaponized government.

I didn't think we should continue to jack up spending for the alphabet soup of regulations in America.

But I said, okay. Guys, here we are.

We are going to do this reconciliation package. We will reform Medicaid, right? We ended up fighting like cats and dogs to get the reforms, the work requirements we got out of the House. It was good. Not great.

The Senate, now they're working through it. And they are fighting every inch. And it got actually a little better in certain respects, thank to Rick Scott.

He's been fighting hard. Mike Lee, Ron Johnson. We've got a little bit more of what's called provider taxes. But overall, we're not meeting the moment.

We're not getting enough Medicaid reform.

We're getting watered down, somewhat on illegals. How about missed taxes, Glenn?

We passed a measure in the House, to tax money going from America, so people going here illegally back to their own country.

The Senate -- it's crazy!

GLENN: Why? Why? Why?

CHIP: Because they don't like the policies, Glenn. Because here's the thing, there are bankers. Banks. Who came here and said, guys, this would be really hard on us.

If we had to enforce this policy.

Money flowing from our banks and institutions.

Mexico.

And Columbia.

And places. We really need a carve out, so the banks won't be taxed by this, and then they will go.

It would be way too burdensome on the people who come here and they're working hard, and they want to spend money on their families. But you and I both have a heart for what people face. And want to say, hey, I get it. You've got an honest person here, who is following the law, who came here illegally. They want to send money back home to their country. They can still do that. They can still find a way to do that, but we're taxing. Instead of saying, no, we're not going to do it.

But the biggest thing at the end of the day. Deficits go up, and I didn't sign up for deficits to go up.

GLENN: So you're not going to vote for them?

You're not voting for this.

CHIP: I can't. I cannot vote for this as it's currently structured. If we can come to some agreement.

And, Glenn, this is important.

The president rightly wants us to find a way to get a bill up. I get that. And I want to deliver. For six months, I've been busting my butt.

I voted for a bill that came out of the house, that I didn't like. It wasn't good enough. But I thought it was an important step.

I worked to come up with a budget framework with Jerry Harrington and others, to figure out, how to get this done and get it out of the House.

I think we made progress. We did get Medicaid reforms that are good. We did get some tightening down on the green new scam, and others didn't want to do it.

But we are now fighting a Senate that's watering down important stuff.

And importantly, the way they tax to spend policies. Overall, I can't look at this any way objectively, without telling my voters, the people that sent me to Washington to represent them. That the deficits will go up.

Now, last point, the president and the administration will say, look, guys, don't worry about that. We'll make it up with tariffs, and we will pay higher economic growth. Well, two things.

Number one, on the economic growth front, we assumed growth in our bill, Glenn.

We assumed 2.6 percent growth.

Now, you might say, well, gosh, we need three or four. Yeah, but we have to do a ten-year budget. 2.6 percent growth is a lot higher than what we've been experiencing the last two decades on average.

We picked a sweet spot of 2.6 percent growth. It is true, that if we have 4 percent growth for a decade, we will have much more of it.

I hope that's true. You hope that's true.

And if it is true, then great. It's gravy, that will give us money to buy down the debt. And save money. And get the deficits down further.

But I can't budget to two and a half percent. Sitting at 2 percent growth

It would be irresponsible.

GLENN: So I'm with you, Chip. I'm with you. And I've said this for a long time -- the Republicans are going to lose. They are going to lose, and they're going to lose because you're just not delivering for the American people, what you promised you would.

Donald Trump seems to be.

You know, at least he is trying.

He's doing a lot of the things he promised he would do.

I don't see that happening with the Republicans.

And so, you know, I don't know what -- what the midterm is going to look like.

But I will tell you this. He has to have that tax cut passed.

He's got to have it.

If we don't get that tax cut. Everything the Republicans have been trying to do. Or the Republican voters have wanted.

It's over. It's over.

Because the economy will spiral out of control without that tax cut. Agree or disagree?

CHIP: So I agree we must deliver on the tax cut. And I believe we will. When push comes to shove, there's no way we will get to December, and not provide an extension of tax cuts, that were so important in 2017.

Now, I'll remind everybody, the corporate rates were made permanent already.

Right?

What we're talking about dealing with is the expiration of certain personal tax issues. Marginal rate. But also child tax credit. Also standard deduction, et cetera. Now, I'm not sure.

I've got different views, on different ones of those policies.

Overall, we want to ensure, this stays in the pockets of the American people.

We have to deliver on that.

I will tell you this, if we don't address the inflation tax.

If we don't address the extent to which people are fleeing the American bond markets.

Because we are so irresponsible.

Then we're going to be doing a disservice to our kids and grandkids who can't afford a house.

They can't afford a house because the mortgage rates are too high.

GLENN: They can't afford it now, Chip.

They can't afford it now.

CHIP: So I think what we need to do, is I'm prepared to go back to the drawing board today. I want to go home tomorrow, or the next day.
Let's just get busy. We've been working on it.

Let's tighten down some of the spending.
Let's tweak what we've been doing and get the tax policy done. Get it set. Let's go back to the House bill, for example, that we passed.

It was a good, solid bill.

And get the Senate to adopt it, and pass it.

Or make some modest changes. But we have to get rid of some of these ridiculous things. Like Medicaid for illegal aliens, like pork that's going to Alaska.

Like specific giveaways.

And, you know, get rid of those things.

Go back to the House bill.

Make sure the inflation act is getting terminated.

Deliver on the tax cuts. Deliver on the border.

Deliver for the president.

I'm prepared to do that. But I will not swallow a crappy bill because the Senate tries to jam me with it.

GLENN: I have to tell you, I don't know how it's unpopular to say, no. We're not giving illegals any Medicare.

We're not.

Do you remember -- who was it, when we were in Congress. Barack Obama talked about Obamacare. He said, you lie!

Joe Wilson, wasn't it?

And everybody had a cow. Well, look at what we're doing. Look at what we're doing.

Look at what we're giving illegals.

The answer is no.

No, no, no, no. And I don't understand how that is not so simple.

I don't understand any Republican that doesn't understand, the green new deal, no! No!

USAID. No!

DOGE. Cut it. Why can't they see what -- I mean -- there is -- I mean to tell you, Chip. I don't mean to take this out on you. You're one of the good guys. You're trying to do this.

We're in between a rock and a hard place.

The president has to have what the president needs. To get the economy going.

We wait until January. You're right on top of the midterms.

You have -- the president is not turning this economy around, fast enough.

Because he can't get anyone in Congress to do Jack crap on anything!

You need to cut the freaking spending. And the waste. And the garbage.

And I tell you, I am with Elon Musk 100 percent.

100 percent.

You are one of these weasel Republicans, who don't -- who just go along, and just be like, you know what, we're going to have another five or $6 trillion to our debt.

I'm done. I'm done.

And Elon has said, I will -- if it's the last thing I do. I will make sure that none of these people get reelected. That's not going to be good.

That's not going to be good. For the republic.

Let alone, the Republican parties.

But, you know what, I've had enough. I've had enough.

And I think the American people have too.

CHIP: Well, Glenn, I will tell you this, July 4th is obviously Friday, Independence Day. Two hundred forty-nine years ago, and we already celebrated. We celebrate their courage. We celebrate Lexington and Concord.

We celebrate all the things -- we celebrate the men that stormed the beaches in Normandy.

And we celebrate all of the great courage that our men in women in uniform have done to fight in this country. How can I say, no, sorry, I'll have to vote for this bill, because there will be some political pressure.

When I regale the boys at the Alamo, sitting there, taking bullets. Knowing they were going to die.

But ran into a wall of bullets in Normandy.

Look, we have to deliver.

We have no choice. We all agree on that.

I'm sure I'm going to get labeled, you know, a -- any number of things.

That I'm not delivering on the president's agenda, that I'm jamming up a bill. Look, and I get it.

And I won't get defensive about it. The president wants this bill. And he is right to want this bill.

The Congress has to deliver a bill worth sending them. And I'm prepared to stay here, until we do.

But I won't vote for a bill, because I'm told I have to. Because a bunch of losers who are swamp creatures, who want pork and giveaways. Who don't have the cojones to stand up and deliver for the American people. And to actually reduce spending, and not hide behind parliamentaries. Not hide behind tax cuts.

They want to hide behind a tax cut, to tell me at the border, to tell me, you have to vote for this bill. Don't worry about this spending.

No, kiss my ass.

I will stand up and fight for the border and the tax cuts and the spending cuts. We've got to do it!

STU: It was very reminiscent of Daniel Boone there for just a second. Or I'm sorry. Not -- Davey Crockett, not Daniel Boone.

So thank you for that. Chip, God bless. Have a great holiday. Stand -- stand firm in what you believe in.

And just keep the fight. I appreciate the attitude that you have towards the president.

Give the president what he needs. Fight for the president, what he's asking for.

But you got to fight the swamp at the same time. Have to. Have to. Thank you, Chip. Appreciate it.

THE GLENN BECK PODCAST

"Everything is For Sale" — How the Cartels Control Mexico's Government

It is widely accepted that the cartels in Mexico not only control significant swaths of land, but they also have incredible influence over how the country's government operates. Border Expert Brandon Darby sits down with Glenn Beck to explain exactly why this is the case and what the Trump administration's strategy truly needs to be in order to crush these powerful cartels.

Watch Glenn Beck's FULL Interview with Brandon Darby HERE